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Taxi Business Investment Opportunities in Bujumbura

Showing 1 - 1 of 1 Taxi Business Investment Opportunities in Bujumbura. Invest in a Taxi, Cab, Limo Service or a Limousine Business.

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Taxi Business Investment Opportunity in Bujumbura, Burundi

Mobility company leveraging European tech expertise to provide car-sharing solutions for urban and intercity travel.
Over 5,000 downloads of application on Android Play Store. - More than 100 trips have already been made through the application across Bujumbura and other cities of Burundi. Business Model: - Current - Booking fees for intercity travel services (20% of the trip cost) Future plans: - Introduce a subscription model. - Potential revenue streams from travel agency partnerships (10% of trips booked through the app) - In-app ads. - Partner with automotive companies and insurance providers. - The business has an experienced and active technical team of 6, which includes - 3 software engineers, 2 marketing experts and one communication expert. 4 are in France, 2 are in Burundi. The promoter is also based in France currently. - The directors are working for reputable big IT companies, bringing expertise in developing robust, scalable solutions and the local team has experience in the mobility/transportation sector. - Have successfully launched this urban car-sharing in Burundi with 10 users per day acquisition on the app. - Currently are in haste with funding raised for entering new markets across East Africa such as Rwanda, Kenya, Uganda Tanzania with a plan to be fully available in those countries at the end of next year.
Mobility company leveraging European tech expertise to provide car-sharing solutions for urban and intercity travel.
7.7   Bujumbura
Run Rate Sales
USD 19 thousand
EBITDA Margin
15 %
Partial Stake Sale
USD 73 K for 35%
Contact Business
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Taxi Business Investment Opportunity in Bujumbura, Burundi

Mobility company leveraging European tech expertise to provide car-sharing solutions for urban and intercity travel.
Over 5,000 downloads of application on Android Play Store. - More than 100 trips have already been made through the application across Bujumbura and other cities of Burundi. Business Model: - Current - Booking fees for intercity travel services (20% of the trip cost) Future plans: - Introduce a subscription model. - Potential revenue streams from travel agency partnerships (10% of trips booked through the app) - In-app ads. - Partner with automotive companies and insurance providers. - The business has an experienced and active technical team of 6, which includes - 3 software engineers, 2 marketing experts and one communication expert. 4 are in France, 2 are in Burundi. The promoter is also based in France currently. - The directors are working for reputable big IT companies, bringing expertise in developing robust, scalable solutions and the local team has experience in the mobility/transportation sector. - Have successfully launched this urban car-sharing in Burundi with 10 users per day acquisition on the app. - Currently are in haste with funding raised for entering new markets across East Africa such as Rwanda, Kenya, Uganda Tanzania with a plan to be fully available in those countries at the end of next year.
Mobility company leveraging European tech expertise to provide car-sharing solutions for urban and intercity travel.
7.7   Bujumbura
Run Rate Sales
USD 19 thousand
EBITDA Margin
15 %
Partial Stake Sale
USD 73 K for 35%
Contact Business
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